Startup Professionals Musings

SEPTEMBER 11, 2023

You need a polished, tested concept, not just an idea. Many successful crowdfunding campaigns, just like many startups funded by angels and VCs, fail miserably due to normal business challenges, including inventory buildup, marketing, competition, and customer support. We still have no experience on how well this will work.

Startup 100

Startup Equity Entrepreneur Demand 100

Startup Professionals Musings

MAY 16, 2020

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. Watch that patent provide a real barrier to competitive entry.

Satisfaction 174

Satisfaction Customer Custom Outsource 174

Startup Professionals Musings

AUGUST 23, 2021

Most aspiring entrepreneurs I know are just waiting for that unique idea to strike them that will kickstart their new venture, put them in control of their lifestyle, achieve financial independence, and maybe even change the world. Should I start out alone, or assemble a team first? A business is never a solo operation.

Startup 159

Startup Satisfaction Entrepreneur Equity 159

Startup Professionals Musings

FEBRUARY 27, 2023

Other project and research reports in their library are a rich source of new ideas, if you are still looking for a place to start. Every startup needs to start their funding search looking for grants, with no equity dilution, as well as contests and foundations. Get help with grant funding and incubator resources.

Entrepreneur 110

Entrepreneur Class Startup Resource 110

Startup Professionals Musings

MARCH 15, 2023

Here are eight key points that I believe should be taken from the show by every startup founder looking for investors in real life, across the range of venture capitalists, angel investors, or even friends and family: You will be judged first as a person, then by your idea. Investors invest in people, more than ideas.

Entrepreneur 111

Entrepreneur Sample Ideas Customer 111

Startup Professionals Musings

DECEMBER 26, 2020

You need a polished, tested concept, not just an idea. Many successful crowdfunding campaigns, just like many startups funded by angels and VCs, fail miserably due to normal business challenges, including inventory buildup, marketing, competition, and customer support. We still have no experience on how well this will work.

Startup 151

Startup Equity Funding Demand 151

Startup Professionals Musings

MAY 8, 2022

Your great idea for the next Facebook may make you wealthy, but it probably won’t help the hungry. You have very little money, and you don’t want to give away your equity. Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones. Otherwise exit and startup with another idea.

Startup 130

Startup USC Entrepreneur Statistics 130

Startup Professionals Musings

DECEMBER 5, 2016

Too many entrepreneurs put their best creative thinking into the startup idea, and believe that the business implementation simply requires following tried and true business practices. If your goals can’t be achieved by conventional thinking, your brain and the people around you will more likely revert to out-of-the box ideas.

Ideas 103

Ideas Competition Customer Custom 103

Startup Professionals Musings

MAY 27, 2023

In the same way, great entrepreneurs and company leaders should no longer rely on faceless and nameless processes to drive business strategy and innovation to stay competitive. He speaks from a wealth of personal experience in private equity, as well as top executive positions at American Express, Sears, and Citigroup. by Steven D.

Customer 140

Customer Custom Social Media Metrics 140

Both Sides of the Table

DECEMBER 11, 2022

I have often thought that creative endeavors where one has a quick turn-around between idea and realization of one’s work as one of the more fulfilling experiences in life. It was a way to make it hard for your competition to compete. There was no money train. It was 1991. There were startups and a software industry but barely.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

Startup Professionals Musings

AUGUST 21, 2020

I support their summary of the seven capital assets that are the core required to create a thriving entrepreneurial ecosystem, and produce real economic value for your startup and the rest of us: Intellectual capital – ideas, information, technologies. Contrary to popular belief, innovative new ideas don’t often spring from a single mind.

Resource 131

Resource Startup Capital Mentor 131

SoCal CTO

APRIL 25, 2017

I'm working on a start up idea in the XXX market with my partner and we are currently looking for full stack developer to join us as a technical co-founder. The way they expressed it "technical co-founder" is code for find someone who will work as an Equity Only Developer. That's not going to be a successful outreach.

Email 150

Email Startup Develop Development 150

Startup Professionals Musings

OCTOBER 17, 2022

Perhaps because of their focus on building a large portfolio, or their competitiveness, these angels sometimes accept valuations that cause later friction while moving to VCs, or even other angel groups. It’s the right way to get money without giving up too much equity or control of your business. Marty Zwilling.

Guide 136

Guide Venture Capital Funding Class 136

Both Sides of the Table

SEPTEMBER 10, 2021

However, to be a great VC you have to hold two conflicting ideas in your head at the same time. They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea. On the one hand, you’re over paying for every investment and valuations aren’t rational.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

Startup Professionals Musings

MAY 30, 2020

Other project and research reports in their library are a rich source of new ideas, if you are still looking for a place to start. Every startup needs to start their funding search looking for grants, with no equity dilution, as well as contests and foundations. Get help with grant funding and incubator resources.

Class 124

Class Startup Resource Mentor 124

Startup Professionals Musings

JUNE 14, 2020

Here are eight key points that I believe should be taken from the show by every startup founder looking for investors in real life, across the range of venture capitalists, angel investors, or even friends and family: You will be judged first as a person, then by your idea. Investors invest in people, more than ideas.

Entrepreneur 127

Entrepreneur Sample Ideas Customer 127

Startup Professionals Musings

OCTOBER 6, 2023

Since investors tend to invest in people, more than the idea, the personnel review is normally the highest priority item. A smart investor will take an independent final reading in the market on barriers to entry, active competition, demographics, and price sensitivity. Status of the solution. Traction in the marketplace.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Startup Professionals Musings

SEPTEMBER 13, 2015

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. That’s why investors say they invest in people (bet on the jockey, not the horse), rather than the idea. The industry veteran.

Technical Advisors 105

Technical Advisors Outsource Development Startup High Tech 105

Startup Professionals Musings

JUNE 3, 2023

I believe their competitive advantage is their top on-site leadership, exclusivity, and connections to investors. Direct seed funding, for a share of the equity, and introductions to investors. Mentoring and technical assistance from volunteer or paid experts. Peer-to-peer networking with other startups and founders in the same stage.

Organization 92

Organization Incubator Startup Resource 92

socalTECH

AUGUST 6, 2019

Ian Chen: In my previous life, I was working in private equity in LA. When we first started, we had the same idea many other startups had, including one that had raised money from Mark Cuban on Shark Tank. When we started the app about six years ago, that was the idea an vision. A couple of reasons why it is beneficial for them.

Startup 113

Startup Equity Customer Custom 113

Startup Professionals Musings

SEPTEMBER 27, 2013

The first thing to remember is that banks only do loans – they don’t do equity investments like angels and venture capitalists (and vice versa). You have to get past how great the product is to address clearly what your business rationale is, why it is different from the competition''s, and why it will succeed. An impressive team.

Technical Advisors 75

Technical Advisors Entrepreneur Equity Ideas 75

Startup Professionals Musings

SEPTEMBER 11, 2020

I believe their competitive advantage is their top on-site leadership, exclusivity, and connections to investors. Direct seed funding, for a share of the equity, and introductions to investors. Mentoring and technical assistance from volunteer or paid experts. Peer-to-peer networking with other startups and founders in the same stage.

Resource 159

Resource Startup Incubator Seed Funding 159

Startup Professionals Musings

FEBRUARY 18, 2018

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. That’s why investors say they invest in people (bet on the jockey, not the horse), rather than the idea. The industry veteran.

Technical Advisors 57

Technical Advisors Startup Outsource Development High Tech 57

Startup Professionals Musings

JUNE 11, 2014

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. That’s why investors say they invest in people (bet on the jockey, not the horse), rather than the idea. The industry veteran.

Technical Advisors 98

Technical Advisors Startup Outsource Development High Tech 98

socalTECH

FEBRUARY 14, 2011

And, the equity markets are certainly a more challenging environment. Investors are very focused on diligence, on business models that make sense, and those companies that have a definite competitive advantage and defensibility to what they're doing. The ideas and people seeking money are out there in quantity.

Tech Coast Angels 231

Tech Coast Angels Technical Review Angel Southern California 231

Startup Professionals Musings

AUGUST 10, 2019

Your great idea for the next Facebook may make you wealthy, but it probably won’t help the hungry. You have very little money, and you don’t want to give away your equity. Giving equity is realistic, but base it on contribution and role, with vesting after time and milestones. Otherwise exit and startup with another idea.

Startup 97

Startup USC Entrepreneur Statistics 97

Startup Professionals Musings

AUGUST 31, 2020

In the same way, great entrepreneurs and company leaders should no longer rely on faceless and nameless processes to drive business strategy and innovation to stay competitive. He speaks from a wealth of personal experience in private equity, as well as top executive positions at American Express, Sears, and Citigroup. by Steven D.

Social Media 128

Social Media Metrics Customer Custom 128

Tech.Co

JULY 19, 2017

Independent media network WelkerMedia is launching the world’s first no-equity and not-for-profit acceleration program with a focus on digital activism, social impact and creative projects. “We have being working on the idea of ​​an accelerator since 2015,” Sonya says. How It Works. While WelkerMedia’s U.S.

Mentor 71

Mentor Media Activity Competition 71

Startup Professionals Musings

JANUARY 24, 2021

Since investors tend to invest in people, more than the idea, the personnel review is normally the highest priority item. A smart investor will take an independent final reading in the market on barriers to entry, active competition, demographics, and price sensitivity. Status of the solution. Traction in the marketplace.

Technical Review 151

Technical Review Startup Satisfaction Invest 151

Startup Professionals Musings

JANUARY 19, 2020

Perhaps because of their focus on building a large portfolio, or their competitiveness, these angels sometimes accept valuations that cause later friction while moving to VCs, or even other angel groups. It’s the right way to get money without giving up too much equity or control of your business. Marty Zwilling.

Funding 125

Funding Venture Capital Startup Class 125

Both Sides of the Table

JANUARY 4, 2014

But I would posit that in order to sustainably build great products in an intensely competitive industry with skills shortages – people management is one of the most critical soft skills organizations need. Equity for the future? They created a new product idea that they thought could get them out of their economic funk.

Startup 340

Startup Technical Review Course Press 340

Startup Professionals Musings

JUNE 3, 2016

I find that this type offers the most value to new entrepreneurs or startups in the early idea stage. Costs, returns in equity and funding access. A few incubators and most accelerators provide some seed funding for startup entrants, ranging from $10,000 to $150,000 and expect a chunk of your equity in return.

Incubator 58

Incubator Startup Seed Funding Equity 58

socalTECH

JULY 9, 2019

On the medical device side, we're looking to be growth equity, like a company on a 510K pathway. Use any opportunity you have for warm intros, for networking, and to get your idea in front of an investor and be able to really explain when you get that opportunity. Chris Bostick: We want to see really validated proof-of-concept work.

Venture Capital 113

Venture Capital Invest SaaS Entrepreneur 113

Startup Professionals Musings

APRIL 29, 2012

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Those at the other extreme don’t look up from the grindstone long enough to notice whether all their work is producing sweat equity or just sweat.

Entrepreneur 102

Entrepreneur Patents Startup Ideas 102

TechCrunch LA

DECEMBER 8, 2020

With those two funding rounds all equity-based, to buy up property itself and provide $10,000 cash advances to all sellers, Sundae previously also raised a debt fund from high net worth individuals, and it has a “very large” debt facility from Goldman Sachs that it also non-dilutive, Stech said.

Sales 282

Sales Demand San Diego Funding 282

InfoChachkie

JUNE 4, 2012

Attempt To License An Idea. Rationale: My idea is so mind-blowingly fantastic, I can sit back and collect licensing fees while someone else does all the work required to turn my idea into a successful business. Fallacy: Ideas are worthless, while skillful execution is priceless.

Entrepreneur 272

Entrepreneur Outsource Ideas Technical Review 272

Startup Professionals Musings

FEBRUARY 13, 2016

This is also the place to first mention patents and any other differentiators that put you ahead of competition. Every new offering has competition and alternatives, so it’s not credible to claim no competitors. Investors invest in people more than the idea. How big is the funding request, and how much equity will you give?

Invest 108

Invest Startup Slides Equity 108